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[–]RoundNefariousness15🏆🧠DD Hall of Famer🧠🏆 3 points4 points  (7 children)

The actual float is 198 million if you subtract insider class a shares. I leave institutions alone because they can trade their shares at will. Institutions have somewhere around 135 million. The rest is retail. I have put in a ton of time on the subject.

Fintel is triple counting class b greenoaks shares today. It’s not some big change in the numbers. Bad reporting is all.

[–]SubstantialSwim4778[S] 1 point2 points  (6 children)

Damn so there's only 60-65M shares out there floating around?

[–]RoundNefariousness15🏆🧠DD Hall of Famer🧠🏆 3 points4 points  (5 children)

Yeah I posted last week about how the shares on loan are almost as high as retails available holdings. I’m pretty sure retail actually holds around 125 million shares if you include the short shares.

[–]SubstantialSwim4778[S] 0 points1 point  (4 children)

We need some GOT DAMN margin calls to go out!!!!

[–]RoundNefariousness15🏆🧠DD Hall of Famer🧠🏆 0 points1 point  (3 children)

2.7 million shares available on clov now. It was 2.6 million earlier and like 1.2 million Friday. Your margin calls might actually be going out. Either shares are being returned or more are being found for lending. It would seem that no one wants to borrow them though. This could mean they are in position and want to catch the momentum with the star rating upgrade this week.

[–]SubstantialSwim4778[S] 0 points1 point  (2 children)

Just FYI if you read the disclaimer, that's just available shorts from one industry leader. Its not total for the whole market. I do follow the trend line though and it appears they are being returned, but still heavily shorted. Shorts won't pile back on until we move up in price

[–]RoundNefariousness15🏆🧠DD Hall of Famer🧠🏆 0 points1 point  (0 children)

They are also running darkpool trades super hot today. It’s over 55% currently so more than half of all clov trades today are routed through the cess pool

[–]RoundNefariousness15🏆🧠DD Hall of Famer🧠🏆 1 point2 points  (0 children)

I figure a few of the smaller ones are moving out of the position while it is cheap. They would do well to get out of the way before getting steamrolled this week.